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$ 1,995,000
Est. payment /mo
Active
145 Water Street Stonington, CT 06378
7,389 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,389 sqft
Price per Sqft $269
MLS Listing ID 24164460
Year Built 1856
Annual Tax Amount $18,100
Lot Size 3,920 Sqft
Property Description
The Trumbull Building at 145 Water Street offers a new chapter for this historic asset. Given its storied past and strategic location in "The Borough," this building has a prestigious artistic pedigree with untapped commercial potential. Own a piece of Stonington's cultural soul. Known historically as the Trumbull Building and the longtime creative sanctuary of world-renowned female photographer Rollie McKenna, this 7,000+ sq. ft. mixed-use masterpiece is the ultimate cornerstone for a visionary investor. Nestled in the heart of "The Borough," the property offers a rare combination of high-ceilinged commercial grandeur and storied residential lofts. The Street Level: Currently configured for flexible commercial use (historically three separate galleries), the first floor is a prime candidate for a destination restaurant or flagship retail. With soaring potential, two electrical meters, and a rear private courtyard ideal for an outdoor sculpture garden or al fresco dining, the possibilities for revenue sharing and partnership are boundless. The Lofts: The upper floors house two distinct residential units. The front apartment features magnificent built-in library shelving and light-filled lofts, while the rear apartment preserves the authentic atmosphere of Rollie McKenna's original studio, complete with a functional galley kitchen and private loft space. While the building's 1856 "Vernacular Classical Revival" architecture is timeless, the interior serves as a blank canvas
Location
State CT
County New London
Zoning R
Interior
Interior Features Living Space Available, Window Display
Heating Hot Air, Radiant
Cooling Central Air
Flooring Wood
Exterior
Exterior Feature Sidewalk
Utilities Available Electric, Telephone, Cable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Story 2
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Thomas Switz • Switz Real Estate Associates
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